Latest Forum Topics / Genting Sing Last:0.775 +0.01 | Post Reply |
GenSp starts to move up again
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iPunter
Supreme |
20-Jul-2011 16:27
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It is a manifestation of trend...     But then, and paradoxically, no knows the trend beforehand...
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niuyear
Supreme |
20-Jul-2011 16:18
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why leh??
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iPunter
Supreme |
20-Jul-2011 16:16
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But the stock market is such that when         you think it will go up, it goes down...                   When you think it's going down,                               it goes up instead... nothing new... |
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iPunter
Supreme |
20-Jul-2011 16:13
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Since it has been dropping like sheet since 2.35,       this one may still have a long way more to drop...  |
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niuyear
Supreme |
20-Jul-2011 16:09
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He wants  stones......hahahaha!
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AnthonyTan
Elite |
20-Jul-2011 16:04
Yells: "patience" |
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Like iPunter say no such thing as cheap or expensive. We must always remember the share price at that point in time. 3 mths ago the share price touched $2.30, now $1.78. So, do you think $1.78 is cheap. Maybe will drop further and can be cheaper. Not a call, my illustration only.  
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iPunter
Supreme |
20-Jul-2011 14:17
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In stocks, there's no such thing as 'cheap' or 'expensive'.   But these days, stocks can really drop like sheet...  
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Isolator
Supreme |
20-Jul-2011 14:08
Yells: "STI is hard landing to below 2000..." |
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Better run... can see 1.6 | ||||
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Flyordie
Veteran |
20-Jul-2011 13:57
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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When the price high, u say too " ayo, too expensive..." When the price drop, u say " ayo, better don buy first..." Ask yourself...What u want??
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Forglory
Member |
20-Jul-2011 13:49
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why is this dropping like a stone? |
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edchai
Senior |
20-Jul-2011 13:38
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Weaker quarterly report means buying opportunity ??  Comment ?  
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louis001
Master |
20-Jul-2011 12:57
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have never look at gambling stock Genting.....now -5cts at top vol, it's 3 times vol of that GolderAgri....WOW..try to take a closer look.... from a high of 2.26 abt 3 months ago to ...1.78  breaking support of past 6 months 1.83....humm,,,and analyst downgrade....S$1.62 entry price was last year's Aug' price. WOW, what kind of game they are trying to play ??? Quote " We believe the street is expecting S$350 million-S$400 million EBITDA in 2Q. Should the share price overshoot fundamentals, we see S$1.62 (11X EV/EBITDA) as a good entry level." |
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iPunter
Supreme |
20-Jul-2011 12:05
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You are right...     Holding may be taboo...  
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forgot2bme
Senior |
20-Jul-2011 12:03
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I think it's a good price to enter at $1.77-1.78 for a short rebound... | ||||
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iPunter
Supreme |
20-Jul-2011 12:00
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If speculative stocks are on a downtrend,     that itself can reveal a lot about whole the market's outlook.               The market outlook represents the main trend... 
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AnthonyTan
Elite |
20-Jul-2011 11:07
Yells: "patience" |
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SO FAR THIS STOCK HAS NOT PAY ANY DIVIDEND. FOR SPECULATION PURPOSES ONLY. |
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Greenbean
Senior |
20-Jul-2011 11:01
Yells: "Live green. Let it be GREEN." |
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DJ MARKET TALK: DB Downgrades Genting To Hold, Slashes Target (2011/07/20 09:59AM) 0159 GMT [Dow Jones] STOCK CALL: Deutsche Bank downgrades Genting Singapore (G13.SG) to Hold from Buy, slashes its target to S$1.90 from S$2.43, on a lower 13X EV/EBITDA, saying 2Q gaming trend is likely to disappoint. " Our recent visits to Singapore and channel checks suggest the 2Q gaming trend is likely to be soft on-quarter. We expect Genting Singapore''s 2Q EBITDA to be around S$332 million (down 34% on-quarter and on-year), dampened by seasonality, a weaker quarter, a reverse in high VIP hold and increasingly intense mass-market competition." The house tips rival MBS to gain " significant market share" in 2Q, up from 40% in 1Q. " We believe the street is expecting S$350 million-S$400 million EBITDA in 2Q. Should the share price overshoot fundamentals, we see S$1.62 (11X EV/EBITDA) as a good entry level." The house now expects junket approval in 2012 and cuts FY11-FY13 earnings forecasts by 16%-21%. It cites earlier-than-expected junket approval as a key upside risk. Shares off 1.1% at S$1.81, underperforming the STI, which gains 0.4%. (matthew.allen@dowjones.com) 
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pharoah88
Supreme |
20-Jul-2011 10:55
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singapore share vOlume  ? ? ? ? tOO  lOw  ? ? ? ? easily  cOrnered  ? ? ? ? like  COE  ? ? ? ? like  HDB  ? ? ? ? |
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New123
Elite |
20-Jul-2011 10:50
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Yup. Looks like the BBs are into this. Look for it to go up by end of the day...
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pharoah88
Supreme |
20-Jul-2011 10:44
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shOrt  shOrt shOrt shOrt  |
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